SAN BERNARDINO – The community development director has announced her resignation, ending a tenure credited with bringing efficiency and more than $1 billion in building valuation to the city and leaving another high-level vacancy.

Money & Company Tracking the market and economic trends that shape your finances.

February 11, 2011 | 7:15 pm

Canyon National Bank of Palm Springs, weakened by troubled commercial real estate loans, was closed late Friday by federal regulators who said its three branches would reopen Saturday as part of Pacific Premier Bank.

Just five city managers in California — and only one in the Inland area — earned more than Temecula City Manager Shawn Nelson in 2009, according to a survey.

Nelson, 51, earned $336,288 last year, an amount that includes his base salary, deferred compensation and other payouts, according to the survey released last month by the League of California Cities, an advocacy group for cities and towns. Nelson’s base pay is $291,571 a year, according to Temecula.